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HC set aside Assessment order passed on Transferor/Non-existing Company 

November 30, 2023 600 Views 0 comment Print

Learn how the Madras High Court set aside an Assessment Order dated 09.03.2022 under Section 147 r/w Section 144 of the Income Tax Act, 1961 for the Assessment Year 2013-14 for Shapoorji Pallonji Samalpatti Operator Services Pvt Ltd

Draft Standard on Auditing 220 Quality Control for Audit of Financial Statements

November 24, 2023 3732 Views 0 comment Print

Explore the Standard on Auditing (SA) focusing on auditor responsibilities and quality control procedures for financial statement audits. Learn about leadership, ethics, and engagement performance

IFSCA invites comment on Banking Regulations, 2020

November 21, 2023 627 Views 0 comment Print

Participate in shaping the future of banking regulations. IFSCA invites public comments on amendments to its 2020 regulations. Share your views by December 12, 2023

Anonymised Escalation Mechanism (AEM) Under Faceless Assessment

November 18, 2023 3504 Views 0 comment Print

Features of Anonymised Escalation Mechanism (AEM) that enhances Customs Faceless Assessment. From anonymity, promptness, to uniformity, learn more about AEM here.

Manufacturing & Other Operations in a Customs Bonded Warehouse (MOOWR)

November 18, 2023 13551 Views 0 comment Print

Learn how simplified approvals of MOOWR in India can help transform into a competitive manufacturing location. Customs Act, Section 65 includes clear and transparent procedures and more.

Export Through E-Sealing and Direct Port Entry

November 17, 2023 5337 Views 0 comment Print

Optimizing exports with e-seals & Direct Port Entry – CBIC enables trust-based environment with self-stuffed containers and e-Seal. Learn more.

All about Direct Port Delivery (DPD)

November 17, 2023 7257 Views 0 comment Print

CBIC’s Direct Port Delivery scheme has dramatically reduced logistics costs & dwell time. Learn more about DPD & its impact on EXIM clearances in India.

Income Tax Alert: High-Risk Non-filer Cases AY 2020-21 Insights

November 16, 2023 11127 Views 0 comment Print

Directorate of Income Tax identifies high-risk non-filer cases for AY 2020-21. Insights, actions, and step-by-step guide on the RMS Cycle-3 strategy

Issue of OCDs on Right basis instead of Preferential basis: RD reduces Penalty

November 15, 2023 3948 Views 0 comment Print

Read about the penalty imposed on Krishikan Krishikan Private Limited under Companies Act, 2013 for violation of Section 62(1)(c). Analysis of the case and penalties.

HC Directs Government to fill up all vacant posts of CIT (Appeals)

November 11, 2023 1110 Views 0 comment Print

Delhi High Court directs the government to expedite the disposal of pending tax appeals, addressing concerns raised by tax practitioners.

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